CHKP Stock Recent News

REDWOOD CITY, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that its board of directors has authorized a $2.0 billion expansion of the company's on-going share repurchase program.

Cybersecurity firm Check Point Software Technologies Ltd. (CHKP) is leveraging AI to protect data and grow its business.

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KENOSHA, Wis., June 18, 2024 (GLOBE NEWSWIRE) -- OFFSITE, LLC, a managed technology infrastructure company (MSP, MSSP & Colo), is thrilled to announce its strategic partnership with Check Point Software Technologies, a leading AI-powered, cloud-delivered security platform company, to offer enhanced cybersecurity measures for its enterprise clients. This collaboration marks a significant milestone in OFFSITE's commitment to providing enterprise-grade security protection for all clients.

Check Point Software Technologies reinforced its product offerings through Copilot, developed using the Microsoft Azure OpenAI service. At the same time, its partnership with Nvidia for ASIC boosts its positioning for firewalls, which are key to secure AI workloads in the cloud. With a surge in bookings, it could deliver more revenues than expected while increased demand provides it with better pricing power prospects, which is good for profitability.

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Gil Shwed, Founder and CEO of Check Point Software Technologies, discusses the cyber security market and the use of artificial intelligence in product development.

Announces Check Point's leadership in GigaOm Radar for Application and API Security, and unveils CloudGuard's powerful cloud-nativeAPI Discovery feature

Check Point's (CHKP) first-quarter 2024 results reflect benefits from the adoption of cloud solutions and strong demand for Harmony products.

Check Point Software (CHKP) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.80 per share a year ago.